Get to Know the Horse Racing That bettors prefer

The same historical progression was followed for bets, with bets in early (two-horse) races merely to win, and current bets put on the first three horses (win, place, and show). Through private bets, wagering was applied to bookmaking in the 19th century (a bookmaker is a skilled gamble to agree who is trying to set his chances so that a number is going for him).

The usual pools are win, position and reveal, and there are special bets like the regular double (winners of the first two races), the perfecta (winners and winners in order in one race), the quiniela (as in the perfecta but not in order), and the trifecta (win, place, and show winners in order in one race).

Some specialty wagers, often promising exceptionally high payouts, enable the bettor to pick several trifectas, multiple race winners, or the first four horses in a single race.